Beachfront Developable Land in Loíza For Sale

Property Description

Discover an exceptional investment opportunity with this prime property located in the thriving Loíza area. Boasting zoning for UR (Developable Terrain) and R-I (Medium-Density Residential), this versatile parcel presents a compelling prospect for multifamily and land investors alike. Situated in a sought-after location, this property offers the potential to capitalize on the growing demand for residential development in the area. With its strategic positioning and favorable zoning, investors can confidently consider this property as an ideal canvas for realizing multifamily living spaces or land development projects. Most importantly, the Government has approved and officialized the Maritime Zone (ZMT) demarcation. Don't miss the chance to acquire a valuable asset in the dynamic and promising market of Loíza.

Location Description

Immerse yourself in the charm of Loíza, a picturesque town offering a delightful blend of cultural experiences and natural beauty. The area is renowned for its vibrant festivals showcasing Afro-Caribbean traditions and its proximity to the stunning Punta Santiago beaches. Investors can also explore nearby recreational opportunities such as water sports and leisurely seaside strolls. With an array of local dining establishments and retail options, the location provides a seamless balance of tranquility and convenience. For multifamily investors seeking a prime location, the allure of Loíza's cultural richness and recreational offerings presents an attractive opportunity for investment in the area.

Highlights

• Asking Price: $1,800,000 or Best Offer
• Total Land Area: 40,195.5918 Square Meters, equivalent to 10.2269 Cuerdas and/or 9.93 Acres
• Usable Land Area: 13,007.8428 Square Meters, equivalent to 3.3095 Cuerdas and/or 3.21 Acres
• Tax Code #: 066-000-004-17-998 (part of)
• Zoning: UR (Developable Terrain) and R-I (Medium-Density Residential)
• Flood Classification: AE, VE & X
• Topography: Level, at street grade
• Beach Frontage: Approximately 900 lineal feet
• Maritime Zone: The Government has approved and officialized the Maritime
• Zone (ZMT) demarcation.
• Drawings: Includes conceptual drawings / plans for eight (8) residential units.

Property Video: Beachfront Developable Land in Loíza - For Sale